Ethereum Classic (ETC) To Undergo Magneto Hard-fork around July 21st

Ethereum Classic’s Magneto Hard-fork will happen at block 13,189,133 The Ethereum Classic upgrade is estimated to occur on July 21st ETC’s Magneto upgrade will implement ECIP1103 alongside Ethereum’s Berlin upgrade components The Ethereum Classic (ETC) Network will undergo a network upgrade around the 21st of July. The upgrade, dubbed Magneto, will happen at block 13,189,133 …

Ethereum 2.0 Contract Gains Another 1M ETH, Hitting a Total of 5.429M

The Ethereum 2.0 deposit contract has gained over 1M ETH since late April ETH2.0 deposit contract now holds 5.429 million Ethereum worth $13.697 Billion The Ethereum London hard fork is still on track for a July launch and one reason ETH investors keep staking their coins The London hard fork will introduce 5 Ethereum Improvement …

El Salvador Engineers Dig New 95MW Geothermal Well to Mine Bitcoin

Engineers in El Salvador have dug a new 95MW geothermal well The new geothermal well will provide renewable energy for the mining of Bitcoin This is after the country’s President requested the power company of LaGeo, to offer facilities for Bitcoin mining El Salvador is the first country to acknowledge Bitcoin as a form of …

Polygon (MATIC) Integrated by the OKEx Crypto Exchange

OKEx has integrated Polygon (MATIC) The integration opens the doors to faster and cheaper transfers of ETH and ERC20 tokens to the Polygon network 23 digital assets will benefit from the new efficiency brought about by integrating Polygon MATIC’s 50-day moving average is providing adequate support at the $1.30 price area The crypto exchange of …

Ethereum’s Average Transaction Fee Drops to Mid-2020 Levels

Ethereum’s average gas fee has dropped to levels last seen in mid-2020 It now costs roughly 26.9 GWEI to complete an Ethereum transaction Ethereum’s daily transaction count has also dropped to mid-2020 levels Ethereum miner revenue has also reached a 3 month low All these metrics point towards a drop in network activity on Ethereum …

Bitcoin’s 50-Week MA Could Produce a Nice Relief Rally – BTC Analyst

Bitcoin’s symmetrical triangle has broken to the downside Bitcoin continues to trade below the 200-day moving average A death cross is on the horizon for Bitcoin However, the 50-week moving average could produce a relief rally at the $28k – $29k price area Bitcoin (BTC) could be gearing up for a relief rally at the …

OKCoin Integrates Polygon (MATIC), Reducing ETH Fees for DeFi Users

OKCoin becomes the first US-regulated exchange to integrate Polygon (MATIC) The integration will drastically reduce Ethereum fees for DeFi users Users can now directly withdraw their finds from OKCoin into Polygon (MATIC) The transaction between OKCoin and Polygon is free save for the regular contract fee The digital asset exchange of OKCoin has announced the …

EEA Member Spotlight with Richard Ma, CEO and Co-founder at Quantstamp

As an EEA member, Quantstamp is part of the EEA community of organizations working to advance Ethereum and drive industry adoption. In the Q&A below, the EEA interviewed Richard Ma on the ways Quantstamp works with the ecosystem to help Ethereum reach its full potential. Please introduce your company and yourself briefly. I am the …

Bitstamp to List Tether (USDT) on June 14th

Bitstamp will list Tether (USDT) on June 14th Tether (USDT) will be listed alongside Compound Finance (COMP) and The Graph (GRT) Bitstamp follows Coinbase pro in listing Tether (USDT) Tether’s advancing market cap is the most consistent trend in the crypto-verse The digital asset exchange of Bitstamp will list Tether (USDT) on the 14th of …

Ethereum Whales are Still Hodling ETH Accumulated Since Oct. 2020

Ethereum whales holding 1k to 10k ETH are still holding their coins The Ethereum whales started accumulating ETH in October 2020 Ethereum’s daily address activity is on the decline which is bearish Trader sentiment towards Ethereum continues to be negative and could lead to a capitulation event Ethereum whales holding 1,000 to 10,000 ETH are …

Bitcoin’s Dreaded Death Cross on the Daily Chart, Beckons

A potential death cross on the daily Bitcoin chart has been forming since mid- May The Bitcoin death cross should occur in the next week or so Bitcoin continues to trade below the 200-day moving average and the death cross would confirm a bear market $30k remains as the support level to watch for Bitcoin …

Colonial Pipeline BTC Saga: Coinbase Debunks Theory it Was Involved

The US DoJ has recovered 63.7 BTC of the 75 Bitcoin paid out to hackers by Colonial Pipeline The FBI was in possession of a private key that helped recover the Bitcoin A theory has been circulating that the funds were sent to Coinbase and that the exchange helped the authorities The CSO at Coinbase …

Chainlink (LINK) Integrated by 55 Projects in the Month of May

Chainlink technology was integrated into 55 projects in the month of May Chainlink is currently integrated into a total of 567 projects globally The Chainlink project recently celebrated its second mainnet launch anniversary The 200-day MA is providing adequate support for Chainlink However, a death cross is on the horizon for Chainlink that could cause …

Negative Crowd Sentiment Towards Ethereum May Push its Price Higher

Crowd sentiment towards Ethereum is still negative Negative sentiment usually precedes a price increment by Ethereum $2,800 is still the level to break for Ethereum to return to bullishness Historically, Ethereum’s gains during the second half of any year, have been lower than the first half Ethereum has a 50:50 chance at ending the month …

25% of Bitcoin Users Have Fled Since Tesla Stopped Accepting BTC

According to Timothy Peterson, 25% of Bitcoin users have fled the network since Tesla stopped accepting BTC for car payments Elon’s tweet making the announcement has changed Bitcoin’s fundamentals Bitcoin’s network size is down 45% from its peak value in mid-April Bitcoin is staring at a death cross on the daily chart Bitcoin and Crypto …

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